Market news
11.04.2012, 18:12

Fed's Beige Book: "The economy grew a modest to moderate pace"

 


    • Activity in the manufacturing sector continued to grow in most regions

    • Manufacturers are optimistic about economic growth, but concerned about oil prices

    • Warm weather contributed to the growth of retail sales

    • Prospects encouraging household spending, gas prices cause concern

    • Sales of new cars strong, active in the tourism sector has grown

    • Residential real estate market showed some improvement

    • Banking conditions are stable, there is some improvement in demand for loans

    • The rate of employment is stable or show moderate growth in many regions

    • The pressure in the limited salaries, general inflation has reserved

 

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